Leasing company increases its equity capital up to AZN 615,000

Hermes Finance completed the process of increasing the authorized capital from AZN 520,200 up to AZN 615,000, increasing it by AZN 94,800 or by 18.2%.

Head of Samsung in Azerbaijan replaced

The head of Samsung Electronics Caucasus Company, a subsidiary of Korean brand Samsung in Azerbaijan, engaged in operational and marketing activities, has been replaced.

Actual business spheres in Azerbaijan

Bridge Tunnel Construction owes more than AZN 350,000 to state

KOBIA-run company’s authorized capital grew by AZN 1.6 million

Zuckerberg's fortune slumps almost by $30 bn in one day

Facebook founder Mark Zuckerberg's fortune declined by $29.7 bn in one day amid a drop in Meta Platforms (formerly Facebook) shares on Thursday due to poor reporting.

Amazon's income and net profit increased

Amazon has released thre financial figures for the past year.

Serbian companies to be involved in construction work in Karabakh

Serbia will engage its construction companies in projects of restoration and reconstruction of liberated territories of Azerbaijan in 2022.

Number of Turkish companies operating in Karabakh named

Nine Turkish companies are working on the reconstruction in Karabakh.

Spark acquires one more company owned by Gilan Holding

Another subsidiary of Gilan Holding LLC has been acquired.

Udmurt entrepreneurs to arrive in Azerbaijan

A business mission from Udmurtia to Azerbaijan is scheduled for 21-23 February.

BlackBerry sells its patents for $600 million

BlackBerry, once a popular phone brand, sells its patents, mainly related to mobile devices, messaging and wireless networks.

Azerbaijani-Turkish company has a tax debt of AZN 10 million

Kaspi Yıldız has a tax debt of about AZN 10 million.

Sony buys game developer Bungie for $3.6 bn

Sony Interactive Entertainment announced a deal to acquire Bungie, the developer behind game franchises including Halo and Destiny.

An individual entrepreneur exported products for $37.9 million

Tayar Hidayatov, who exports agricultural products of Azerbaijan to Russia, Ukraine, Iran, Turkey and other countries, took the 7th place in the rating of non-state exporting entities for Jan-Dec 2021

5 companies closed

How will entrepreneurship be financed in Karabakh?

Mechanisms for financing entrepreneurship in the occupation-liberated territories of Azerbaijan are being developed

List of world’s richest people

Elon Musk's fortune decreased more than by $21 bn in a day

Elon Musk, who is on the list of billionaires, lost more than $21 bn due to the fall in the value of Tesla shares, ABC.AZ reports with reference to Forbes magazine’s rating

Apple gets record net profit and revenue

Apple received record net profit and revenue in the first fiscal quarter, which began on 28 October 2021 and ended on 25 December 2021.

Over 21% of entrepreneurs in Azerbaijan are women

78.6% of individual entrepreneurs are men and 21.4% are women in Azerbaijan